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$475,000
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Property Description
Deep-Water on Lake Palestine | Shadybrook Gated Community There's lake life and then there's this. Tucked inside the exclusive gated community of Shadybrook on Lake Palestine, this exceptional East Texas retreat offers something that serious water lovers spend years searching for: 192 feet of deep-water shoreline. That's not a detail. That's a lifestyle. Spanning approximately 0.6 acres across four separate tracts, this property delivers rare flexibility alongside stunning waterfront living. Whether you're casting a line from your private fishing pier, launching from your own boat dock, or simply watching the sun melt into the lake at the end of the day, this is the kind of place that makes every season feel like vacation. The main home offers 3 bedrooms and 2 bathrooms comfortable and inviting whether you're settling in full-time or escaping for the weekend. And the possibilities don't stop there. With four tracts combined, there's ample room to build a second residence while living in the existing home, making this as strong an investment as it is a retreat. The impressive 20x40 shop with heated and cooled office quarters and a full bathroom adds another layer of versatility think guest overflow, a creative studio, a home office, or the ultimate hobby space. A whole-home propane generator ensures you're never at the mercy of the grid, and the property's short-term rental-friendly status opens the door to serious income-producing potential. Gated security. Deep water. Room to grow. East Texas at its absolute finest. This is the one you don't wait on.
Full Property Details
Full Property Details for 489 Martha St
General
- Price: $475,000
- HOA FEE: $629
- Taxes: $2,171 (2025)
- Status: Active
- Type: Mobile Home
- Source: Tyler_MLS
- MLS ID: 26002842
- Updated: 4/6/2026
- Added to Site: 52 day(s) ago
Interior
- Rooms/Areas: Family Room, 1 Living Area
- Interior Features: Satellite Dish, Smoke Alarm
- Fireplace(s): None
- Appliances: Range/Oven-Electric
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: Master Bedroom Split
Other Rooms
- Family Room: Yes
- Dining Room: Den/Dining Combo
Additional Information
- Shared Amenities: Common Areas, Tennis Courts, Community Pool, Fishing, Boat Ramp, Other, Playground
- Pool Description: None
Exterior
- Exterior Features: Deck Covered
Parking
- Garage Spaces: 1
- Garage Description: Side Entry, Workshop Area, Front Entry
Location
- County: Cherokee
- Subdivision: Shadybrook
- Driving Directions: From Tyler Loop 323 Head West on FM 2493/Old Jacksonville Hwy, follow FM 346 to Shadybrook Subdivision, turn right on Caroline St, turn left onto Caroline Bend, turn right onto Wiley Dr, Wiley Dr turn left and becomes Martha Dr, house will be on your right, SIY. GPS will take you there.
School Information
- Elementary School: Bullard
- Middle School: Bullard
- High School: Bullard
Community
- Association: Yes
Heating & Cooling
- Cooling Type: Central Electric, Window Unit(s), Ceiling Fan(s)
- Heating Type: Central/Electric
- Water Heater: Standard-Electric
Utilities
- Sewer: Conventional Septic
- Water Company: Southern Utilities
Structural Information
- Architectural Style: Manufactured Housing
- Exterior Const.: Other/See Remarks
- Foundation: Pier and Beam
- Roof: Aluminum/Metal, Other/See Remarks
- Square Feet: 1,323
- Sq. Ft. Source: CCAD
- Year Built: 2004
Lot Features
- Lot Size (Acres): 0.6
- Lot Description: Water/Lakefront
- Fencing (Description): None
Water Features
- Water Front: Yes
- Water Front Name: Lake Palestine
Financial Considerations
- Association Fee: $629
- Tax Amount: $2,171
- Tax Year: 2025
- Terms: Conventional, FHA, VA, Cash
Disclosures and Reports
- Special Conditions: None
Listed by The Property Shoppe - eXp Realty, LLC, Kim Houser
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Schools
Schools serving 489 Martha St
School District:Bullard Independent School District
| Name | Grades | Distance |
|---|---|---|
Bullard Primary School, Bullard, TX 318 Schoolhouse Road, Bullard, TX 75757 | PK-K | 6.9 mi |
Bullard Primary School, Bullard, TX 2016 Panther Crossing, Bullard, TX 75757 | 1-2 | 7.2 mi |
Bullard Elementary School 2008 Panther Crossing, Bullard, TX 75757 | 3-4 | 7.3 mi |
Bullard Middle School 909 West Main Street, Bullard, TX 75757 | 7-8 | 6.9 mi |
Bullard High School 1426 South Houston Street, Bullard, TX 75757 | 9-12 | 7.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 489 Martha St
Date
Details
Price
Change
Source
3/01/2026
Listed
$475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 489 Martha St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$117
—
$249,270
33%
2021
$117
—
$187,300
37%
2021
$117
—
$136,510
7%
2021
$117
—
$127,490
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 489 Martha St
489 Martha St, Bullard, TX 75757 (MLS# 26002842) is a Mobile Home property with 3 bedrooms and 2 full bathrooms. 489 Martha St is currently listed for $475,000 and was received on March 01, 2026. Want to learn more about 489 Martha St? Do you have questions about finding other Mobile Home real estate for sale in Bullard? You can browse all Bullard real estate or contact a Coldwell Banker agent to request more information.

